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Stealth BioTherapeutics to Report Second Quarter Financial Results on Thursday, August 5

PR Newswire

BOSTON, July 30, 2021 /PRNewswire/ — Stealth BioTherapeutics Corp (Nasdaq: MITO), a clinical-stage biotechnology company focused on the discovery, development and commercialization of novel therapies for diseases involving mitochondrial dysfunction, today announced that it will report second quarter 2021 financial results on Thursday, August 5, before the market opens.

Management will host a conference call at 8:30 am ET that day to discuss the financial results and provide a general business update. The call can be accessed by dialing (800)-908-1236 (domestic) or (212)-231-2938 (international) and referencing conference ID 13721969. A live audio webcast of the event can be accessed by visiting the Investors & News section of Stealth’s Investor website, https://investor.stealthbt.com/. A replay of the webcast will be archived on Stealth’s website for 30 days following the event.

About Stealth

We are a clinical-stage biotechnology company focused on the discovery, development, and commercialization of novel therapies for diseases involving mitochondrial dysfunction. Mitochondria, found in nearly every cell in the body, are the body’s main source of energy production and are critical for normal organ function. Dysfunctional mitochondria characterize a number of rare genetic diseases and are involved in many common age-related diseases, typically involving organ systems with high energy demands such as the heart, the eye, and the brain. We believe our lead product candidate, elamipretide, has the potential to treat both rare metabolic cardiomyopathies, such as Barth, Duchenne muscular dystrophy and Friedreich’s ataxia, rare mitochondrial diseases entailing nuclear DNA mutations, as well as ophthalmic diseases entailing mitochondrial dysfunction, such as dry age-related macular degeneration and Leber’s hereditary optic neuropathy. We are evaluating our second-generation clinical-stage candidate, SBT-272, and our new series of small molecules, SBT-550, for rare neurological disease indications following promising preclinical data. We have optimized our discovery platform to identify novel mitochondria-targeted compounds which may be nominated as therapeutic product candidates or utilized as mitochondria-targeted vectors to deliver other compounds to mitochondria.

Investor Relations
Stern Investor Relations
Janhavi Mohite, 212-362-1200
[email protected] 

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SOURCE Stealth BioTherapeutics Inc.

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Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution

PR Newswire

NEW YORK, July 30, 2021 /PRNewswire/ — Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the “Fund”) has announced a distribution declaration of $0.0905 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0905 per share of common stock, unless further action is taken to determine another amount.  The Fund’s ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, the cost of leverage and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist only of net investment income.

Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2021 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,300 professionals. For seven consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $433 billion in client assets as of June 30, 2021. For more information, please visit our website at www.nb.com.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

 

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SOURCE Neuberger Berman

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Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distribution

PR Newswire

NEW YORK, July 30, 2021 /PRNewswire/ — Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) (the “Fund”) has announced a distribution declaration of $0.0312 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0312 per share of common stock, unless further action is taken to determine another amount. There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist of only net investment income. The Fund’s ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, the amount of leverage employed by the Fund, the cost of leverage and the level of other Fund fees and expenses.

The distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2021 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,300 professionals. For seven consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $433 billion in client assets as of June 30, 2021. For more information, please visit our website at www.nb.com.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

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Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution

PR Newswire

NEW YORK, July 30, 2021 /PRNewswire/ — Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the “Fund”) has announced a distribution declaration of $0.0163 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021.

Due to changes that may continue to occur in the master limited partnership (“MLP”) and energy markets, as well as the impact that these changes may have on closed-end funds that invest in MLPs, the Fund will continue to evaluate the stability and appropriateness of its distribution rate in the months ahead. The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund’s investments as well as other factors, subject to ongoing review and adjustment from time to time. The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from MLPs or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.  

The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A “return of capital” is a distribution by the Fund which represents a return of a common stockholder’s original investment, and should not be confused with a dividend. To the extent the Fund pays a return of capital, a common stockholder’s basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares. There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist solely of the Fund’s current and accumulated earnings and profits. 

In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2021 will be made after the end of the year.

The Fund is subject to federal income tax on its taxable income, unlike most investment companies. Any taxes paid by the Fund will reduce the amount available to pay distributions to stockholders, and therefore investors in the Fund will likely receive lower distributions than if they invested directly in MLPs.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,300 professionals. For seven consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $433 billion in client assets as of June 30, 2021. For more information, please visit our website at www.nb.com.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:                                                                                  
Neuberger Berman Investment Advisers LLC                                                    
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

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Notification Of Sources Of Distribution

Statement Pursuant To Section 19(a) Of The Investment Company Act Of 1940

PR Newswire

BOULDER, Colo., July 30, 2021 /PRNewswire/ — On July 30, 2021, Boulder Growth & Income Fund, Inc. (NYSE: BIF) (the “Fund”), a closed-end investment company, will pay a distribution on its common stock of $0.102 per share to stockholders of record at the close of business on July 23, 2021.  The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders. This policy gives the Fund greater flexibility to realize capital gains and to distribute those gains to stockholders.

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated in the table.  In addition, the table shows the percentages of the total distribution amount per share attributable to (i) net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.


Current Distribution from:


Per Share ($)


Percentage (%)

Net Investment Income

0.01742

17.08%

Net Realized Short-Term Capital Gains

0.00000

0.00%

Net Realized Long-Term Capital Gains

0.08458

82.92%

Return of Capital or other Capital Source


0.00000


0.00%

Total (per common share)

0.10200

100.00%


Fiscal Year-to-Date Cumulative


Distributions from1:


Per Share ($)


Percentage (%)

Net Investment Income

0.02545

8.31%

Net Realized Short-Term Capital Gains

0.00073

0.24%

Net Realized Long-Term Capital Gains

0.27982

91.45%

Return of Capital or other Capital Source


0.00000


0.00%

Total (per common share)

0.30060

100.00%

Stockholders should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution policy.  The amounts and sources of distributions reported in this 19(a) Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes.

The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.

THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.

Presented below are return figures, based on the change in the Fund’s Net Asset Value per share (“NAV”), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to the distribution declaration date. While the NAV performance may be indicative of the Fund’s investment performance, it does not measure the value of a stockholder’s investment in the Fund.  The value of a stockholder’s investment in the Fund is determined by the Fund’s market price, which is based on the supply and demand for the Fund’s shares in the open market.

Fund Performance & Distribution Rate Information

Annualized Distribution Rate as a Percentage of NAV^

2.58%

Cumulative Distribution Rate as a Percentage of NAV*

1.94%

Cumulative Total Return as a Percentage of NAV**

20.89%

Average Annual Total Return***

13.12%

^ Based on the Fund’s NAV as of June 30, 2021 and the quarterly distribution of $0.1020.  *Based on the Fund’s NAV as of June 30, 2021 and includes distributions through July 30, 2021.

**Cumulative Total Return is the percentage change in the Fund’s NAV including distributions paid and assuming reinvestment of these distributions for the period December 1, 2020 through June 30, 2021. 

***Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending June 30, 2021. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year including distributions paid and assuming reinvestment of these distributions.

The Fund has a managed distribution policy that seeks to deliver the Fund’s long term total return potential through regular quarterly distributions declared at a fixed rate per share.  Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof.  Stockholders should note, however, that if the Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the stockholder’s capital.  A return of capital is not taxable; rather it reduces a stockholder’s tax basis in his or her shares of the Fund. 

The Fund’s Board of Directors reviews the amount of any distributions made pursuant to the Fund’s distribution policy and considers the income earned and capital gains realized by the Fund, as well as the Fund’s available capital.  The Board of Directors will continue to monitor the Fund’s distribution level, taking into consideration, among other things, the Fund’s net asset value and market conditions.  The Fund’s distribution policy is subject to modification, suspension or termination by the Board of Directors at any time, which could have an adverse effect on the market price of the Fund’s shares.  The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

For more information on the Fund, please visit us on the web at www.bouldercef.com.

ALPS Portfolio Solutions Distributor, Inc., FINRA Member.
ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee

*Registered Representative of ALPS Distributors, Inc.

1 The Fund’s fiscal year is December 1 to November 30.  Information shown is for the period beginning December 1, 2020.

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SOURCE Boulder Growth & Income Fund, Inc.

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Neuberger Berman Next Generation Connectivity Fund Announces Monthly Distribution

PR Newswire

NEW YORK, July 30, 2021 /PRNewswire/ — Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the “Fund”) has announced a distribution declaration of $0.10 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.10 per share of common stock, unless further action is taken to determine another amount.  The Fund’s ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income.

Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2021 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,300 professionals. For seven consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $433 billion in client assets as of June 30, 2021. For more information, please visit our website at www.nb.com.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact: 
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

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Hall of Fame Resort and Entertainment Company Announces Release Date for Second Quarter 2021 Results

Hall of Fame Resort and Entertainment Company Announces Release Date for Second Quarter 2021 Results

CANTON, Ohio–(BUSINESS WIRE)–
Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football, will release its second quarter fiscal 2021 results for the period ended June 30, 2021, on Thursday, August 12, 2021, after the close of trading on Nasdaq.

The Company will host a conference call on Friday, August 13, 2021, at 8:30 a.m. ET, to provide commentary on the business and outlook for fiscal 2021. Speaking on the call will be Michael Crawford, President and Chief Executive Officer, and Jason Krom, Chief Financial Officer.

Investors and all other interested parties can access the live webcast and replay at the Company’s website: ir.hofreco.com.

About Hall of Fame Resort and Entertainment Company

Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame’s campus. Additional information on the Company can be found at www.HOFREco.com.

For Hall of Fame Resort & Entertainment Company

Media Inquiries: [email protected]

Investor Inquiries: [email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Entertainment Sports Football Lodging Travel Casino/Gaming

MEDIA:

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SolarWinds Announces Cash Dividend

SolarWinds Announces Cash Dividend

AUSTIN, Texas–(BUSINESS WIRE)–
SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, and secure IT management software, announced today a one-time cash dividend of $1.50 per common share, payable on August 24, 2021, to stockholders of record at the close of business on August 9, 2021. The per share cash dividend amount noted above reflects the company’s reverse stock split that will become effective at 5:00 p.m. ET on Friday, July 30. On a pre-split basis, the one-time cash dividend would be approximately $0.75 per common share. The one-time cash dividend will be funded primarily from the net proceeds distributed to SolarWinds from N-able, Inc. in connection with the previously announced separation and distribution of N-able on July 19, 2021.

Forward-Looking Statements

This press release contains “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the cash dividend. These forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as “aim,” “anticipate,” “believe,” “can,” “could,” “seek,” “should,” “feel,” “expect,” “will,” “would,” “plan,” “project,” “intend,” “estimate,” “continue,” “may,” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the following: (a) risks related to the Cyber Incident, including with respect to (1) the discovery of new or different information regarding the Cyber Incident, including with respect to its scope, the threat actor’s access to SolarWinds’ environments and its related activities during such period, and the related impact on SolarWinds’ systems, products, current or former employees and customers, (2) the possibility that our mitigation and remediation efforts with respect to the Cyber Incident may not be successful, (3) the possibility that additional confidential, proprietary, or personal information, including information of SolarWinds’ current or former employees and customers, was accessed and exfiltrated as a result of the Cyber Incident, (4) numerous financial, legal, reputational and other risks to us related to the Cyber Incident, including risks that the incident or SolarWinds’ response thereto, including with respect to providing notices to any impacted individuals, may result in the loss, compromise or corruption of data and proprietary information, loss of business as a result of termination or non-renewal of agreements or reduced purchases or upgrades of our products, severe reputational damage adversely affecting customer, partner and vendor relationships and investor confidence, increased attrition of personnel and distraction of key and other personnel, U.S. or foreign regulatory investigations and enforcement actions, litigation, indemnity obligations, damages for contractual breach, penalties for violation of applicable laws or regulations, significant costs for remediation and the incurrence of other liabilities, (5) risks that our insurance coverage, including coverage relating to certain security and privacy damages and claim expenses, may not be available or sufficient to compensate for all liabilities we incur related to these matters, (6) the possibility that our steps to secure our internal environment, improve our product development environment and ensure the security and integrity of the software that we deliver to our customers may not be successful or sufficient to protect against future threat actors or attacks or be perceived by existing and prospective customers as sufficient to address the harm caused by Cyber Incident, (b) other risks related to cyber security, including that we may experience other security incidents or have vulnerabilities in our systems and services exploited, which may result in compromises or breaches of our and our customers’ systems or, theft or misappropriation of our and our customers’ confidential, proprietary or personal information, as well as exposure to legal and other liabilities, including the related risk of higher customer, employee and partner attrition and the loss of key personnel, as well as negative impacts to our sales, renewals and upgrades; (c) risks related to the recently completed spin-off of our N-able business into a newly created and separately traded public company, including that completing the spin-off could adversely affect SolarWinds’ businesses, results of operations and financial condition or that the spin-off may not achieve some or all of any anticipated benefits with respect to either business; (d) the possibility that the global COVID-19 pandemic may adversely affect our business, results of operations and financial condition; (e) any of the following factors either generally or as a result of the impacts of the Cyber Incident or the global COVID-19 pandemic on the global economy or on our business operations and financial condition or on the business operations and financial conditions of our customers, their end-customers and our prospective customers: (1) reductions in information technology spending or delays in purchasing decisions by our customers, their end-customers and our prospective customers, (2) the inability to sell products to new customers or to sell additional products or upgrades to our existing customers, (3) any decline in our renewal or net retention rates, (4) the inability to generate significant volumes of high quality sales leads from our digital marketing initiatives and convert such leads into new business at acceptable conversion rates, (5) the timing and adoption of new products, product upgrades or pricing model changes by SolarWinds or its competitors, (6) potential foreign exchange gains and losses related to expenses and sales denominated in currencies other than the functional currency of an associated entity, and (7) risks associated with our international operations; (f) the possibility that our operating income could fluctuate and may decline as percentage of revenue as we make further expenditures to support our business or expand our operations; (g) our inability to successfully identify, complete, and integrate acquisitions and manage our growth effectively; (h) risks associated with (h) our status as a controlled company; and (i) such other risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the risk factors discussed in our Annual Report on Form 10-K for the period ended December 31, 2020 filed on March 1, 2021, the Form 10-Q for the quarter ended March 31, 2021 filed on May 10, 2021 and the Form 10-Q for the quarter ended June 30, 2021 that SolarWinds anticipates filing on or before August 9, 2021. All information provided in this release is as of the date hereof and SolarWinds undertakes no duty to update this information except as required by law.

#SWIfinancials

About SolarWinds

SolarWinds is a leading provider of simple, powerful, and secure IT management software. Our solutions give organizations worldwide—regardless of type, size or complexity—the power to accelerate business transformation in today’s hybrid IT environments. We continuously engage with all types of technology professionals—IT service and operations professionals, DevOps and SecOps professionals, and Database Administrators (DBAs) —to understand the challenges they face maintaining high-performing and highly available IT infrastructures, applications, and environments. The insights we gain from them, in places like our THWACK online community, allow us to address customers’ needs now, and in the future. Our focus on the user and commitment to excellence in end-to-end hybrid IT management has established SolarWinds as a worldwide leader in solutions for observability, IT service management, application performance, and database management.

© 2021 SolarWinds Worldwide, LLC. All rights reserved.

SolarWinds Contacts:

Investors

Ashley Hook

Phone: 512.682.9683

[email protected]

Media

Tiffany Nels

Phone: 512.682.9535

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Networks Security Data Management Technology Software

MEDIA:

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MercadoLibre, Inc. to Report Second Quarter 2021 Financial Results

BUENOS AIRES, Argentina, July 30, 2021 (GLOBE NEWSWIRE) — MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) intends to release financial results for its second fiscal quarter ended June 30th, 2021 on August 4th, 2021.

The Company will host a conference call and audio webcast on August 4th, at 4:30 p.m. Eastern Time.

The conference call may be accessed by dialing (877) 303-7209 / (970) 315-0420 (Conference ID – 8869655–) and requesting inclusion in the call for MercadoLibre. The live conference call can be accessed via audio webcast at the investor relations section of the Company’s website, at http://investor.mercadolibre.com. An archive of the webcast will be available for one week following the conclusion of the conference call.


About MercadoLibre

MercadoLibre hosts the largest online commerce and payments ecosystem in Latin America. Our efforts are centered on enabling e-commerce and digital and mobile payments on behalf of its customers by delivering a suite of technology solutions across the complete value chain of commerce. The company is present in 18 countries including: Argentina, Brazil, Mexico, Colombia, Chile and Peru. Based on unique visitors and page views we are market leaders in each of the major countries where we are present.

Through its online commerce platform and related services, MercadoLibre provides its users with robust online commerce and payments tools that not only contribute to the development of a large and growing e-commerce community in Latin America (a region with a population of over 605 million people and one of the fastest-growing Internet penetration rates in the world), but also foster entrepreneurship and social mobility. Its main focus is to deliver compelling technological and commercial solutions that address the distinctive cultural and geographic challenges of operating an online commerce and payments platform in Latin America. For more information about MercadoLibre.com, visit: http://investor.mercadolibre.com 

Investor Relations Contact:


[email protected]


http://investor.mercadolibre.com

Media Relations Contact:



[email protected]



Posted on

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK–(BUSINESS WIRE)–
Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), and BlackRock Capital Allocation Trust (NYSE:BCAT) (collectively, the “Funds”) paid the following distributions per share:

 

Fund

 

 

Pay Date

 

 

Per Share

BCX

July 30, 2021

$0.040000

BDJ

July 30, 2021

$0.050000

BGR

July 30, 2021

$0.037500

BGY

July 30, 2021

$0.033800

BME

July 30, 2021

$0.200000

BMEZ

July 30, 2021

$0.145000

BOE

July 30, 2021

$0.063000

BUI

July 30, 2021

$0.121000

CII

July 30, 2021

$0.093000

BST

July 30, 2021

$0.226000

BSTZ

July 30, 2021

$0.171000

BIGZ

July 30, 2021

$0.100000

EGF

July 30, 2021

$0.041000

DSU

July 30, 2021

$0.060500

FRA

July 30, 2021

$0.066700

BGT

July 30, 2021

$0.064700

HYT

July 30, 2021

$0.077900

BTZ

July 30, 2021

$0.083900

BLW

July 30, 2021

$0.098100

BHK

July 30, 2021

$0.074600

BIT

July 30, 2021

$0.123700

BCAT

July 30, 2021

$0.104100

 

Each of the Funds has adopted a managed distribution plan (the “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Fund’s Board of Directors/Trustees. Under its Plan, each Fund will distribute all available net income to its shareholders, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient net income is not available on a monthly basis, the Funds will distribute long-term capital gains and/or return capital to their shareholders in order to maintain a level distribution.

The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows:

 

Estimated Allocations as of July 30, 2021

Fund

Distribution

Net Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BCX1

$0.040000

$0.015657 (39%)

$0 (0%)

$0 (0%)

$0.024343 (61%)

BDJ

$0.050000

$0 (0%)

$0 (0%)

$0.050000 (100%)

$0 (0%)

BGR1

$0.037500

$0 (0%)

$0 (0%)

$0 (0%)

$0.037500 (100%)

BGY1

$0.033800

$0 (0%)

$0 (0%)

$0.033800 (100%)

$0 (0%)

BME

$0.200000

$0.009083 (5%)

$0 (0%)

$0.190917 (95%)

$0 (0%)

BMEZ

$0.145000

$0 (0%)

$0.145000 (100%)

$0 (0%)

$0 (0%)

BOE

$0.063000

$0.007326 (12%)

$0.041332 (66%)

$0.014342 (22%)

$0 (0%)

BUI1

$0.121000

$0 (0%)

$0 (0%)

$0.039965 (33%)

$0.081035 (67%)

CII

$0.093000

$0.008796 (9%)

$0 (0%)

$0.084204 (91%)

$0 (0%)

BST

$0.226000

$0 (0%)

$0 (0%)

$0.226000 (100%)

$0 (0%)

BSTZ

$0.171000

$0 (0%)

$0 (0%)

$0.171000 (100%)

$0 (0%)

BIGZ1

$0.100000

$0 (0%)

$0 (0%)

$0 (0%)

$0.100000 (100%)

EGF1

$0.041000

$0.026174 (64%)

$0 (0%)

$0 (0%)

$0.014826 (36%)

DSU1

$0.060500

$0.050590 (84%)

$0 (0%)

$0 (0%)

$0.009910 (16%)

FRA1

$0.066700

$0.054921 (82%)

$0 (0%)

$0 (0%)

$0.011779 (18%)

BGT1

$0.064700

$0.053621 (83%)

$0 (0%)

$0 (0%)

$0.011079 (17%)

HYT1

$0.077900

$0.063740 (82%)

$0 (0%)

$0 (0%)

$0.014160 (18%)

BTZ1

$0.083900

$0.068684 (82%)

$0 (0%)

$0 (0%)

$0.015216 (18%)

BLW1

$0.098100

$0.084942 (87%)

$0 (0%)

$0 (0%)

$0.013158 (13%)

BHK

$0.074600

$0.074600 (100%)

$0 (0%)

$0 (0%)

$0 (0%)

BIT1

$0.123700

$0.095107 (77%)

$0 (0%)

$0 (0%)

$0.028593 (23%)

BCAT1

$0.104100

$0.051617 (50%)

$0.043283 (42%)

$0.000002 (0%)

$0.009198 (8%)

 

Estimated Allocations for the Fiscal Year through July 30, 2021

Fund

Distribution

Net Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BCX1

$0.280000

$0.132616 (47%)

$0 (0%)

$0 (0%)

$0.147384 (53%)

BDJ

$0.350000

$0.227004 (65%)

$0 (0%)

$0.122996 (35%)

$0 (0%)

BGR1

$0.262500

$0.122304 (47%)

$0 (0%)

$0 (0%)

$0.140196 (53%)

BGY1

$0.236600

$0.097316 (41%)

$0 (0%)

$0.135440 (57%)

$0.003844 (2%)

BME

$1.400000

$0.014153 (1%)

$0.015410 (1%)

$1.370437 (98%)

$0 (0%)

BMEZ

$0.925000

$0 (0%)

$0.925000 (100%)

$0 (0%)

$0 (0%)

BOE

$0.441000

$0.125325 (28%)

$0.059123 (13%)

$0.256552 (59%)

$0 (0%)

BUI1

$0.847000

$0.132357 (16%)

$0 (0%)

$0.190491 (22%)

$0.524152 (62%)

CII

$0.618000

$0.038685 (6%)

$0 (0%)

$0.579315 (94%)

$0 (0%)

BST

$1.504000

$0 (0%)

$0 (0%)

$1.504000 (100%)

$0 (0%)

BSTZ

$1.085000

$0 (0%)

$0.249743 (23%)

$0.835257 (77%)

$0 (0%)

BIGZ1

$0.200000

$0 (0%)

$0 (0%)

$0 (0%)

$0.200000 (100%)

EGF1

$0.246000

$0.174339 (71%)

$0 (0%)

$0 (0%)

$0.071661 (29%)

DSU1

$0.363000

$0.332887 (92%)

$0 (0%)

$0 (0%)

$0.030113 (8%)

FRA1

$0.400200

$0.360067 (90%)

$0 (0%)

$0 (0%)

$0.040133 (10%)

BGT1

$0.388200

$0.347709 (90%)

$0 (0%)

$0 (0%)

$0.040491 (10%)

HYT1

$0.467400

$0.405872 (87%)

$0 (0%)

$0 (0%)

$0.061528 (13%)

BTZ1

$0.503400

$0.470275 (93%)

$0 (0%)

$0 (0%)

$0.033125 (7%)

BLW1

$0.588600

$0.545842 (93%)

$0 (0%)

$0 (0%)

$0.042758 (7%)

BHK

$0.447600

$0.447600 (100%)

$0 (0%)

$0 (0%)

$0 (0%)

BIT1

$1.113300

$0.776578 (70%)

$0 (0%)

$0 (0%)

$0.336722 (30%)

BCAT1

$0.728700

$0.234788 (32%)

$0.155973 (21%)

$0.000002 (0%)

$0.337937 (47%)

1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share.

The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Fund Performance and Distribution Rate Information:

 

 

Trust

Average annual total return (in relation to NAV) for the 5-year period ending on 6/30/2021

Annualized current distribution rate expressed as a percentage of NAV as of 6/30/2021

Cumulative total return (in relation to NAV) for the fiscal year through 6/30/2021

Cumulative fiscal year distributions as a percentage of NAV as of 6/30/2021

BCX

8.92%

4.85%

20.22%

2.42%

BDJ

11.22%

5.75%

15.22%

2.87%

BGR

(1.05)%

4.42%

27.87%

2.21%

BGY

9.25%

5.93%

8.87%

2.96%

BME

14.57%

5.03%

7.29%

2.51%

BMEZ*

62.50%

5.72%

1.79%

2.56%

BOE

9.71%

5.69%

11.67%

2.85%

BUI

10.83%

5.84%

7.60%

2.92%

CII

15.80%

5.21%

15.17%

2.45%

BST

32.87%

4.85%

10.02%

2.28%

BSTZ*

137.55%

4.78%

13.65%

2.13%

BIGZ*

(0.65)%

6.07%

(0.65)%

0.51%

EGF

1.66%

3.79%

(1.14)%

1.58%

DSU

7.38%

6.19%

4.26%

2.58%

FRA

5.87%

5.71%

4.06%

2.38%

BGT

5.70%

5.71%

4.11%

2.38%

HYT

10.48%

7.61%

6.14%

3.17%

BTZ

8.64%

6.43%

2.56%

2.68%

BLW

8.43%

6.87%

4.17%

2.86%

BHK

7.62%

5.54%

0.57%

2.31%

BIT

9.97%

8.01%

10.88%

5.34%

BCAT*

12.85%

5.73%

6.69%

2.86%

 

* Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 6/30/2021.

Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan.

BKT has adopted a Plan whereby beginning August 2018 the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT’s Board. If sufficient net income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. The Fund is currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). The Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act.

BKT’s estimated sources of the distributions paid as of July 30, 2021 and for its current fiscal year are as follows:

Estimated Allocations as of July 30, 2021

Fund

Distribution

Net Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BKT

$0.034400

$0.023796 (69%)

$0 (0%)

$0 (0%)

$0.010604 (31%)

 

Estimated Allocations for the Fiscal Year through July 30, 2021

Fund

Distribution

Net Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BKT

$0.206400

$0.170516 (83%)

$0 (0%)

$0 (0%)

$0.035884 (17%)

 

The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes.

Fund Performance and Distribution Rate Information:

 

Fund

Average annual total return (in relation to NAV) for the 5-year period ending on 6/30/2021

Annualized current distribution rate expressed as a percentage of NAV as of 6/30/2021

Cumulative total return (in relation to NAV) for the fiscal year through 6/30/2021

Cumulative fiscal year distributions as a percentage of NAV as 6/30/2021

BKT

3.05%

6.89%

(0.31)%

2.87%

 

No conclusions should be drawn about BKT’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.

The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund’s shares.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Availability of Fund Updates

BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release.

Forward-Looking Statements

This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.

BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.

Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC’s website at www.sec.govand on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release.

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